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Showing posts with the label 2018 at 11:31PM

First US cryptocurrency ban outlaws Venezuela's 'Petro' coin

The U.S. executive branch issued an executive order prohibiting the use or purchase of Venezuela's Petro cryptocurrency , claiming the currency was issued unlawfully in an effort to circumvent U.S. sanctions against Venezuela, and in particular the President Nicolás Maduro's regime. “All transactions ... from Google Alert - cryptocurrency http://ift.tt/2GIO54A via IFTTT http://ift.tt/eA8V8J
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Venezuela's cryptocurrency is just a desperate gimmick – BBH

Venezuela has issued the world's first sovereign cryptocurrency and analysts at Brown Brothers Harriman explained that they think this is just a gimmick that cashes in on the current crypto craze that aims to circumvent existing sanctions and avoids addressing the nation's deep structural problems. from Google Alert - cryptocurrency http://ift.tt/2CpdDED via IFTTT http://ift.tt/eA8V8J
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